‘Fixes’ Medicaid and cuts gas tax
N.C. Sen. Jim Davis sent in the following statement which originated from the offices of Senate Pro Tempore Phil Berger and Speaker of the House Thom Tillis, following the approval of the North Carolina state budget. The budget now goes to Gov. Beverly Perdue for approval or veto.
State lawmakers reached a $20.18 billion budget agreement Wednesday morning. The agreement makes adjustments to the state’s current biennial budget which filled a $2.5 billion deficit Republicans inherited from previous leadership, reduced government spending by nearly $1 billion and enacted a $50,000 income tax cut for job-creating businesses.